Thailand’s economic recovery is intact, with growth of 2.9% likely in the first half of this year and 4.2% in the second half, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday. The BoT would continue to gradually normalise interest rates to help the economy grow at its potential and keep inflation in check, […]
Read MoreThe Governor of the Bank of Lao PDR, Mr. Bounleua Sinxayvoravong, presented a bold proposal to the National Assembly, calling for stringent limitations on luxury imports as a key strategy to combat inflation in Laos. During a recent session at the National Assembly, Mr. Bounleua Sinxayvoravong discussed the rampant inflation in Laos and the unique challenges it […]
Read MoreJAKARTA: Indonesia’s export tax rates for copper, iron, zinc and lead concentrates are being increased as the government tries to push miners to process metals at home rather than export raw minerals. The rates for copper concentrate will rise to a range of 5% to 10%, according to a new regulation. The tax is part […]
Read MoreThe total trade recorded a year-on-year (y-o-y) decrease of 39.9 per cent to BND1,482.2 million in March 2023 compared to BND2,464.8 million in March 2022. This was due to a decrease in both exports value by 39.7 per cent to BND1,004.2 million from BND1,664.6 million, and imports value by 40.3 per cent to BND478.0 million […]
Read MoreCambodia’s total export to other Regional Comprehensive Economic Partnership (RCEP) countries amounted to $4.07 billion in the first half of 2023, up 24 percent from $3.28 billion over the same period last year, said the Ministry of Commerce’s latest report released on Tuesday. During the January-June period this year, Cambodia’s top three export destinations under […]
Read MoreA PHILIPPINE inter-agency panel chaired by President Ferdinand Marcos Jr on Wednesday (Jul 19) rejected a 267 billion pesos (S$6.5 billion) unsolicited offer from a local consortium to operate and upgrade the country’s ageing main international airport. The panel said it preferred to invite bids for the airport modernisation project, which based on the government’s […]
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